The amended Land Law was passed recently by the National Assembly (NA) and is expected to contribute to resolving many of the ongoing problems in land management and encourage future development with new and breakthrough thinking and perspectives. The next important matter is to effectively implement mechanisms and policies to bring the law to life and make land a truly important resource, promote land commercialization, and contribute to the country’s socio-economic development. To quickly bring the Law into life, the NA Chairman has requested that the government allocate resources and immediately prepare conditions to promulgate and implement specific plans. Developing guiding documents is the major task in the implementation plan. According to experts, the Law features groundbreaking new points and will form an important legal basis to resolve problems and difficulties in the Land Law 2013 and implement relevant land procedures, in particular allowing for strong decentralization and administrative reforms that localities must implement in the time to come.